Calculation of cash equivalent transfer values | Practical Law

Calculation of cash equivalent transfer values | Practical Law

This note examines the current legislation relating to cash equivalent transfer values (CETVs) offered by defined benefit pension schemes including legislation concerning the trustee's responsibility to calculate CETVs, choosing actuarial assumptions, reducing CETVs where the insufficiency conditions are met and extending the calculation period.

Calculation of cash equivalent transfer values

Practical Law UK Practice Note 6-383-2421 (Approx. 19 pages)

Calculation of cash equivalent transfer values

MaintainedEngland, Scotland, Wales
This note examines the current legislation relating to cash equivalent transfer values (CETVs) offered by defined benefit pension schemes including legislation concerning the trustee's responsibility to calculate CETVs, choosing actuarial assumptions, reducing CETVs where the insufficiency conditions are met and extending the calculation period.